Zach Long - 11 Sep 2023 Form 4 Insider Report for Vintage Wine Estates, Inc.

Role
Chief Operations Officer
Signature
/s/ Kristina L. Johnston, Attorney-in-Fact for Zach Long
Issuer symbol
N/A
Transactions as of
11 Sep 2023
Net transactions value
-$80,297
Form type
4
Filing time
08 Dec 2023, 16:39:43 UTC
Previous filing
21 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VWE Common Stock Tax liability $61,432 -58,787 -7% $1.04 785,114 11 Sep 2023 Direct F1, F2
transaction VWE Common Stock Tax liability $13,245 -19,828 -2.5% $0.6680 765,286 14 Nov 2023 Direct F3, F4
transaction VWE Common Stock Tax liability $5,620 -10,807 -1.4% $0.5200 754,479 07 Dec 2023 Direct F5, F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding VWE Stock Option (Right to Buy) 8,000 11 Sep 2023 Common Stock 8,000 $10.50 Direct F7
holding VWE Stock Option (Right to Buy) 42,000 11 Sep 2023 Common Stock 42,000 $10.50 Direct F8
holding VWE Stock Option (Right to Buy) 50,000 11 Sep 2023 Common Stock 50,000 $10.50 Direct F9
holding VWE Stock Option (Right to Buy) 608,697 11 Sep 2023 Common Stock 608,697 $10.50 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to cover tax withholding obligations on the vesting of 170,000 restricted stock units (RSUs).
F2 Includes 653,098 RSUs consisting of the following: (i) 93,750 RSUs that vest one-third on each of 12/07/2023, 12/07/2024 and 12/07/2025; (ii) 229,348 RSUs that vest one-fourth on each of 11/14/2023, 11/14/2024, 11/14/2025 and 11/14/2026; and (iii) 330,000 RSUs that vest one-half on each of 7/20/2024 and 7/20/2025.
F3 Shares withheld to cover tax withholding obligations on the vesting of 57,337 RSUs.
F4 Includes 595,761 RSUs consisting of the following: (i) 93,750 RSUs that vest one-third on each of 12/07/2023, 12/07/2024 and 12/07/2025; (ii) 172,011 RSUs that vest one-third on each of 11/14/2024, 11/14/2025 and 11/14/2026; and (iii) 330,000 RSUs that vest one-half on each of 7/20/2024 and 7/20/2025.
F5 Shares withheld to cover tax withholding obligations on the vesting of 31,250 RSUs.
F6 Includes 564,511 RSUs consisting of the following: (i) 62,500 RSUs that vest one-half on each of 12/07/2024 and 12/07/2025; (ii) 172,011 RSUs that vest one-third on each of 11/14/2024, 11/14/2025 and 11/14/2026; and (iii) 330,000 RSUs that vest one-half on each of 7/20/2024 and 7/20/2025.
F7 25% of the stock options vested on each of 12/07/2022 and 6/7/2023, and 25% vest on each of 06/07/2024 and 06/07/2025.
F8 25% of the stock options vested on each of 01/27/2023 and 07/27/2023, and 25% vest on each of 07/27/2024 and 07/27/2025.
F9 25% of the stock options vested on 09/07/2023, and 25% vest on each of 03/07/2024, 03/07/2025 and 03/07/2026.
F10 25% of the stock options vested on 11/14/2023, and 25% vest on each of 11/14/2024, 11/14/2025 and 11/14/2026.